This was mentioned in another thread last night
" Lithium was the top driver for capital raising by 48 leading Australian-listed mineral explorers in the first three months of this year. They raised about 500 million Australian dollars ($368 million US) for lithium development, more for any other metal and over triple the total for all of 2020, a report by accounting firm BDO says."
https://hotcopper.com.au/posts/55543414/single
And from @FrankMe post last night which was a cracker
https://www.afdb.org/en/documents/l...alysis-mineral-based-industrialization-africa
It states " The developer, AVZ Minerals, is
poised for a mega investment of more than half a billion U.S. dollars"
So the African Development Bank Group ( a group we have been in discussions re finance ?) states AVZ is on the cusp of securing project funding . This actually dwarfs the funding of 48 leading Australian listed mineral explorers . Keep in mind AVZ has the ability to repay this in approx 2 years , after which , all free cash flow .
I'd love to know the combined market cap of those 48 Aus explorers .
A jv with a world class partner & AVZ will become a behemoth .
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